Rec

Crude

Russia Still Elusive On Deeper OPEC+ Oil Production Cuts

Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the cor…

Power Construction

South Korea’s First HVDC Upgrade Strengthens Renewables Transportation

The Korea Electric Power Corporation (KEPCO) and GE Renewables Energy’s Grid Solutions have upgraded a high-voltage direct current link between South Korea mai…

Crude

OPEC+ Panel Calls for More Oil Cuts on Coronavirus Impact

An OPEC, non-OPEC technical panel has recommended extending a current oil supply cut pact until the end of 2020 and more output reductions due to the impact of …

UK Fossil Vehicle Sales Tumble By 18% As EVs Triple To 6% Market Share

Will the UK government’s recent target of phasing out combustion vehicles by 2035 be overtaken by consumer preferences?

Nuclear Fuel

Canadian Company Seeks New Site to Bury Nuclear Waste

A power company is reconsidering its options after dropping plans to bury waste from its nuclear plants on the Canadian shore of Lake Huron, officials said Wedn…

Crude

Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact

Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…

LIBERIA: AfDB Finances Gbedin Waterfalls Hydropower Project

An agreement has recently been signed between the African Development Bank (AfDB) Group and the Government of Liberia to finance the Gbedin Hydroelectric Projec…

Oil & Gas Trade

Oil Bankruptcies Are Reaching Worrying Levels

Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…

Indonesia Eyeing Cost Recovery Contract Scheme for Geothermal Exploration

The government is trying to attract investors to invest in the New Renewable Energy (EBT) sector.

Energy Storage Battery

Global Fuel Cell Market Expected to Grow with a CAGR of 22%

Global Fuel Cell Market Expected to Grow with a CAGR of 22% During the Forecast Period, 2019-2024

MeyGen Tidal Energy Project Achieves a World First

The MeyGen tidal array scheme in the Pentland Firth last year recorded the longest period of uninterrupted electricity generation ever reached.

Solar Power Panel

Coronavirus Expected to Impact Solar Industry Supply Chain

ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extend…

Nuclear Power Plant

Fukushima Radioactive Water Should be Released Into Ocean, Say Japan Experts

Build-up of contaminated water from wrecked nuclear plant has been sticking point in clean-up likely to take decades.

MHPS Supplying Steam Turbine Power Plant

Mitsubishi Hitachi Power Systems (MHPS) has received an order for a steam turbine power plant for a natural gas and oil-fired power plant in Cartagena, a major …

Japan Minister Seeks Review of Coal-fired Plant in Vietnam

In the face of international pressure regarding the building of coal-fired power plants, Japan's environment minister on Friday called on the government to reco…